Things that would cause prices to drop would be the quantity if there is more of that thing the price drops or the value of that thing just drops.
Answer: After-tax cost of debt is 7.8%.
Explanation:
Given that,
coupon = 10% (outstanding bonds)
yield to maturity (YTM) = 12%
marginal tax rate = 35%
The after-tax cost of debt:
After-tax cost of debt = YTM (1 - Tax rate)
= 12% (1 - 0.35)
= 0.12 (0.65)
= 0.078
= 7.8%
YTM is used in the after-tax calculation because it represents the true pre-tax cost of debt to the issuer.
Therefore, the after-tax cost of debt is 7.8%
Answer:
<em>any paid form of non-personal communication about an organization, product, service, or idea by an identified sponsor.</em>
Explanation:
Yes, it is very true that in advertising of a product or something, we have to pay and it is not a personal communication as well, it just advertises and promotes a particular thing which it is paid for and it also provide services to its customers who post their advertisement, and it is platform where new ideas are been generated by the sponsor of that particular advertisement.
Starbucks' strategy of "To reach to huge developing market" is the main advantage of entering new markets like japan and china via a joint venture.
Starbucks is one of the largest coffee chains in the World. The company has a unique style and atmosphere in their coffee houses. They chose China because it is the world’s most populous country with over 1.3 billion people live there and second-largest country by land area and Japan as one of the fastest developing market where due to globalisation, the footfalls of foreigners was pretty high.
Company’s managers were aware that Chinese and Japanese Gross Domestic Product (GDP) continuously grew on rhobust rate on an average and a GDP per capita was also getting competitively higher in comparison to european nations. All these factors led to rising income of middle class. That was undoubted advantage for entering Chinese and Japnese market for Starbucks.
To learn more about Starbucks' strategy here
brainly.com/question/28178992
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Answer:
7602.28
Explanation:
Given the data:
Rainfall in X Sales in Dollars of Umbrellas
City A 35 2800
City B 30 2000
City C 12 800
Using the linear regression calculator :
The linear model obtained for the data is :
y = - 226.424 + 81.549x
Using the model, the predicted sales for 96 inches of rain will be:
X = 96
y = - 226.424 + 81.549(96)
The predicted sales is 7602.28
